Savings device and method of forming same



Feb. 20, 1923. 1,446,360.

1. s THOMPSON.

SAVINGS DEVICE AND METHOD OF FORMING SAME.

FILED JULY I9, 1920- Fatented Feb. 2%, i

Jor-Iri s. rr-iorarson,

OF CHICAGO, ILLINOIS.

SAVING-S DEVICE AND METHOD OF FORTEII'TG Sill 1E.

Application filed July 19- To all whom it may coon-0m).

Be it known that I, JOHN S. THoMPsoN, a citizen of: the United States, residing at (.lhicago, in the county of Cool: and State oi Illinois, have invented new and useful Improvements in Savings Devices and Metl ods of Forming Same, of which thetollowinp; in a full, clear, concise, and exact description reference being had to the accompanying drawing, forming a part of this specification.

My invention relates to savings device and methods tor forming the same. and it has particular relation to a device of the character designated comprising a plurality o1. coin-receiving pockets which are so formed in a book-like device that the latter may be conveniently carried from place to place and be finally presented at a deposit station where the coins may be counted and the saver thereof given credit therefor.

My improved device embodies a plurality of coin-receiving pockets arranged on a sheet in such manner that a safety flap may be folded over the mouths of said pockets and the sheet thereafter be folded to form a book-like device which is of convenient size to be carried about on the person. My de vices are, therefore, instrumental in promotinn thrift and are capable of a variety of uses where it i desired to save a predetermined coin each day or each week in order to reach a predetermined total. These hooks may be distributed, "For instance, by banks and, after the coin-receiving pockets are filled, may be taken to said banks and credit there given for the coinssaved. A gain, they may he veryconvenientlyused by installment houses, the purchaser placing one coin. ever-so often in the pockets until the same are filled and thereafter returning the book to the seller. In this latter manner the saving of each installment is rendered most convenient.

Another object of my'invention is to provide a device of the character described which shall permit of the coins being withdrawn therefrom very simply when the device is brought to a deposit station. aware that some coin-saving devices have been proposed in the pastbut so far as I have been able to determine all of the prior devices have been so formed that the Withdrawal of the saved coins therefrom is quite difiicult, Banks and installment houses have,

Tam

, 1920. Serial No. seams.

to a large degree, refrained from using the same because the time spent in withdrawing the coins from the pockets of the prior devices and because of the emptyin of said pockets taking; too much time. However, this detect is inherent in the prior devices because of the care which must be taken in order to avoid theloss oi the coins; that is, the pockets must be so formed that ter a coin has been. inserted therein it is held quite tightly and prevented from dropping; out. Theseeitorts to prevent the loss of the coins has to a large cegree resulted in preventing the rapid withdrawal. of the coins. From the prior art devices when the books are presented at a deposit station.

As above pointed out, therefore, one of: the objects of my invention is to sO- form the entire device that the coins may be with drawn therefrom very rapidly by the teller or other receiver of the device when the pockets are filled and still have incorporated in said device a permanent safety device whereby the coins. are prevented from dropping out while the same is being car-.

ried about on the person. To this end, I provide a plurality of longitudinally extending pockets which have a width substantially equal to the diameter oi. the coin to be deposited. therein and a length determined by the number of coins in each pocket.

These pockets are arranged parallel of a old in lh middle of the device. and at the upper portion ot the device is arranged a flap which inav he tolded down over the mouths of the pockets. After this "flap has been folded the device is closed by folding along the center crease and in this position the coins are retained with absolute safety in the pockets in which they have been dcposited. I l A. collateral object 01"? my invention is to provide savings device which can be manufactured at a minimum cost because of the novel method of forming the same.

in forming my device I use but one sheet of material and after suitably embossing; a portion of the sheet to form one wall of the coin receiving pockets, so crease and fold said sheet and glue the folded portions together that a plurality of coin receiving pockets are formed.

By so utilizing a single sheet 1' substantially decrease the cost of manufacturing my device whereby it is available in 2 mas-,eco

many fields where the prior devices have not found favor because of the high first cost of making the same.

For a better understanding of my inven tion reference may be had to the accom panying drawing in which:

Fig. 1 represents a single sheet from which my device may be formed after suitable operations have been formed thereupon; and

Fig. 2 isa perspective view of my savings device'in its completed form, the safety tap thereof being partly folded downwardly to illustrate the manner in which the coinreceiving pockets are closed while the device is being carried about.

In manufacturing my device I find it quite desirable and convenient to make four of the sheets asshown in Fig. l on. a single blank and thereafter cutting the same apart. Any printing or other indicia which is to be applied to the completed device is first placed upon the sheet.

One wall of the plurality of pockets is next formed on one portion of the sheet by embossing or otherwise off-setting suitably shaped sections thereof, as at 1.0. Then a series of holes 11 are punched in one of the pocket walls whereby the number of the coins in the pockets may be readily ob served when the device is in its completed form.

. The sheet is then scored along lines :13, and 2 to permit of its being folded in a predetermined manner. An adhesive is next applied to the portions 12 shown shaded and thereafter the sheet is folded along the line .2 and the overlying portions pressed together so that pockets 1313 are formed as shown in F 2. The device may then be creased and folded along the line :I/ whereupon a book-like structure is imparted thereto and it may be folded and carried about in a small space. It will be observed, therefore, that the device very simply formed by performing all of the operations on. the flat sheet and subsequently folding said sheet as desired.

After the coin receiving pockets have been filled the device is carried to the bank or other place where it is desired to deposit the coins. While the coins may be extracted from the device by turning the pockets upside down and shaking the same, the first cost thereof is so low that it is usual to destroy the same after it has been used once' It is therefore, possible for the teller, or other receiver of the saving account, to tear open the longitudinally extending pockets by slitting them with a paper knife or other instrument. This feature is of great advantage and is largely responsible for the increased use of my device over those of the prior art-Q D In other words, the receiver or teller may,

with a few strokes of a paper knife, so slit the coin pockets that the coins therein are immediately and conveniently accessible and thereafter give another device to the depositor, this being possible because of the OX- treme low cost at which the device may be made because of the method above de scribed. To those skilled in the art, the advantages in this form of device will be apparent when they consider the great difficulty with which the coins are extracted from the prior art devices wherein, so far as I am aware, the coins have usually been individually placed in pockets and thcrc after secured therein either by sealing the top of the pocket or by so turningthe coin that withdrawal from said pocket will be substantially impossible without a great deal of effort or tearing of said pocket. The labor involved in opening each individ ual pocket to'extract the saved coins will be obvious and I therefore regard my device as a most advantageous one in this respect.

As I have above pointed out the walls 10 are apertured as at 11 in order that the number of coins in each pocket may be observed.

The ease with which printing may be applied to my device while it is still in the single sheet form imparts thereto the characteristics of a novel advertising device and I wish it understood that l contemplate the application of such advertising matter to the various portions of the device while the same is still in a single sheet form.

lVhile I have described but one embodiment of my invention and one method for forming the same, it is obvious that many modifications therein may occur to those skilled in the art and I desire, therefore, that it be limited only by the showing of the prior art and by the scope of'the appended claims. I

Having thus described my invention what l claim as new and desire to secure by Letters Patent is:

l. A savings book device comprising a plurality of longitudinally extending pockets capable of receiving a plurality of coins and having front and back walls, and a foldable safety flap for the mouths of said pockets, said walls and flapsbeing integral with each other by reason of said device being formed from a single sheet of material and said flap being securely positioned over the mouths of said pockets when said book is folded along a line parallel to said longitudinally extending pockets.

2. A book-like device for savinga plurality of coins comprising pockets having a width substantially equal to the diameter of the coins to be received and a length determined by thenumber of contacting coins to be deposited in said pocket, said pockets comprising front and back walls formed from a single sheet of material and a flap formed from said sheet and adapted to be securely positimied over the months 01": said pockets when said book is folded along a line parallel to length of said pockets.

3. A device for st ving a plurality of coins comprising pockets having a width substantially equal to the diameter of the coin to be received and a length determined by the number of said coins to we deposited in said pocket, said pockets comprising front and back walls fori'ned vtroni a single sheet oi? material, and one wall of said pockets being apertured to disclose the number of coins in each of said pockets.

4:. A coin carrier and savings device C0111- prising integral front and back walls folded upon and permanently secured to each other, a plurality of longitudinal depressions in one of said walls for forming coin pockets between the walls, said depressions having means for indicating the position o'f' a coin in said pockets.

5. A coin carrier comprising a single sheet of material "folded upon itself to form a plurality of pockets, the surfaces of which are perforated and adapted to hold in vertical alignment a plurality of coins in contact with one another, whereby each coin is held in registration with one of said perforations and is observable therethrough.

6. A coin carrier comprising a single sheet of material folded upon itself to form a u it" or poo e s. 1e surraces o. w ic plral lt tl i 1 hh are perforated and adapted to hold in vertical alignment a plurality of coins in contact with one another whereby each coin is held in registration with one of said perforations and is observable therethrough and a flap adapted to close the mouths of said pockets when said carrier is folded parallel to the length of said pockets to form a book.

7. A coin carrier and savings device comprising integral walls folded upon each other in direct cont actual relation, a plurality of raised parallel portions in one of said walls for forming pockets between said. walls, said pockets being open at one end and adapted to be closed over by a flap coextensive with one of said walls.

8. A coin carrier and savings device com prising integral walls folded upon each other in direct contactual relation, a plurality of raised parallel portions in one oi said walls for forming pockets for receiving the coins, said pocket-s being open at one end and adapted to be closed over by aflap coextensive with one of said walls, said device being folded along a line substantially parallel to said pockets with said flap lying within the fold.

In witness whereof, I have hereunto sub- 7 scribed my name.

JOHN S. THOMPSON. 

